Kirkland's Reports Fourth Quarter Sales

  Kirkland's Reports Fourth Quarter Sales

          Confirms EPS Guidance of $0.71 to $0.76 for Fourth Quarter

                  President and CEO Robert Alderson Returns

Business Wire

NASHVILLE, Tenn. -- February 7, 2013

Kirkland's, Inc. (NASDAQ: KIRK) today reported sales for the 14-week and
53-week periods ended February 2, 2013, that were within the Company’s
previous guidance.

Net sales for the 14 weeks ended February 2, 2013, increased 9.0% to $162.6
million compared with $149.1million for the 13 weeks ended January 28, 2012.
On a 13-week basis, comparable store sales for the fourth quarter of fiscal
2012 decreased 2.6% compared with an increase of 1.4% in the prior-year
quarter. Kirkland’s opened 17 stores and closed 2 during the fourth quarter,
bringing the total number of stores to 323 at quarter end.

Net sales for the 53 weeks ended February 2, 2013, increased 4.2% to $448.0
million compared with $430.3million for the 52 weeks ended January 28, 2012.
On a 52-week basis, comparable store sales for fiscal 2012 decreased 3.0%
compared with a 4.0% decrease in fiscal 2011. The Company opened 42 stores and
closed 28 during fiscal 2012.

Based on these results, Kirkland’s confirmed its previous guidance of earnings
of $0.71 to $0.76 per diluted share for the fourth quarter of fiscal 2012. The
Company also announced that Robert Alderson has returned to his duties as
President and Chief Executive Officer.

Kirkland’s will issue its earnings release for the fourth quarter before the
market opens on Thursday, March 14, 2013, and will host a conference call on
the same day at 11:00a.m.ET. The number to call for the interactive
teleconference is (212) 231-2919. A replay of the conference call will be
available through Thursday, March 21, 2013, by dialing (402) 977-9140 and
entering the confirmation number, 21646219.

A live broadcast of Kirkland's quarterly conference call will be available
online at the Company's website www.kirklands.com under Investor Relations or
http://www.videonewswire.com/event.asp?id=92067 on March 14, 2013, beginning
at 11:00a.m.ET. The online replay will follow shortly after the call and
continue for one year.

Kirkland's, Inc. was founded in 1966 and is a specialty retailer of home décor
in the United States. Although originally focused in the Southeast, the
Company has grown beyond that region and currently operates 318 stores in 35
states. The Company's stores present a broad selection of distinctive
merchandise, including framed art, mirrors, candles, lamps, picture frames,
accent rugs, garden accessories and artificial floral products. The Company's
stores also offer an extensive assortment of gifts, as well as seasonal
merchandise. More information can be found at www.kirklands.com.

Except for historical information contained herein, the statements in this
release are forward-looking and made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which may cause
Kirkland's actual results to differ materially from forecasted results. Those
risks and uncertainties include, among other things, the competitive
environment in the home décor industry in general and in Kirkland's specific
market areas, inflation, product availability and growth opportunities,
seasonal fluctuations, and economic conditions in general. Those and other
risks are more fully described in Kirkland's filings with the Securities and
Exchange Commission, including the Company's Annual Report on Form 10-K filed
on April 12, 2012. Kirkland's disclaims any obligation to update any such
factors or to publicly announce results of any revisions to any of the
forward-looking statements contained herein to reflect future events or
developments.

Contact:

Kirkland's, Inc.
W. Michael Madden, 615-872-4800
Senior Vice President & CFO
or
Corporate Communications, Inc.
Tripp Sullivan, 615-324-7335
 
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